News & Analysis as of

New Legislation Due Diligence Environmental Social & Governance (ESG)

Latham & Watkins LLP

South Korea Reintroduces Human Rights and Due Diligence Act

Latham & Watkins LLP on

The reintroduction of South Korea’s due diligence law potentially marks a significant advancement for human rights and ESG initiatives in the region....more

Ropes & Gray LLP

Seeing the Forest for the Trees: Further Changes to the EU Deforestation Regulation are Likely

Ropes & Gray LLP on

The EU Deforestation Regulation (EUDR) covers cattle, cocoa, coffee, oil palm, rubber, soy(a) and wood, as well as many derived products. The Regulation is currently scheduled to apply to operators and traders beginning at...more

Benesch

Greener Pastures Ahead? California’s Fashion Environmental Accountability Act of 2025

Benesch on

Fashion-related environmental legislation is, well, in fashion. And, as with many consumer-related issues, California continues to be a trendsetter....more

NAVEX

EU Regulations: The New Frontier for Business

NAVEX on

The European Union is a hotbed of regulatory activity, with new laws and directives constantly reshaping the business landscape. These changes can seem overwhelming, but understanding them is vital for any company operating...more

Foley Hoag LLP - Global Business and Human...

New E.U. Forced Labor Law and the Global Effort to Prevent Forced Labor in Corporate Supply Chains

On April 23, 2024, the European Parliament adopted, by an overwhelming 555-6 majority, a landmark law that will establish a sweeping and forceful regulatory regime to prohibit any products made using forced labor from being...more

ArentFox Schiff

Legal Considerations for GCs and CFOs in the Fashion and Retail Industry in 2024

ArentFox Schiff on

The fashion and retail industry experienced another year of considerable change in 2023. As advancements in artificial intelligence (AI) spurred innovation within the industry, consumers and regulators worldwide called for...more

Latham & Watkins LLP

How Germany’s New ESG Law Will Affect Suppliers Globally

Latham & Watkins LLP on

The Supply Chain Act poses new challenges to suppliers when conducting business with new or existing German-based customers. Key Points: ..The Supply Chain Act obliges in-scope companies to identify, address, and...more

J.S. Held

European Human Rights Due Diligence (HRDD) Legislation – Preparing for the Future

J.S. Held on

Sustainable social development is increasingly viewed as critical to ensure the future stability of the global economy and planet. This often-overlooked element of the ESG (Environmental, Social, and Governance) agenda is...more

WilmerHale

Avoid Contributing to Ecocide - Know Your Supply Chain

WilmerHale on

Sustainability has risen to the top of the agenda for businesses around the world. Governments, investors and the public demand that organisations play a part in the global push to eliminate, or at least limit, the...more

Pillsbury Winthrop Shaw Pittman LLP

New York State Fashion Act Proves That ESG Is Haute Couture

Continuing the recent trend of promoting sustainability and accountability among businesses, the proposed legislation would change the way in which major players in the fashion industry approach their operations....more

McDermott Will & Schulte

The New German Supply Chain Due Diligence Act (With a View Across the Border)

On 11 June 2021, the German Federal Parliament approved the draft bill on corporate due diligence in supply chains (Supply Chain Due Diligence Act), which was approved by the German Federal Council without any changes on 25...more

Foley Hoag LLP - Global Business and Human...

Congress A Step Closer to Making Corporate ESG Disclosure Mandatory

On June 16, 2021, the U.S. House of Representatives passed legislation that would impose new ESG due diligence and disclosure requirements on publicly traded companies. H.R. 1187, the ESG Disclosure Simplification Act of...more

Foley Hoag LLP - Global Business and Human...

New E.U. Measure on Environmental and Human Rights Due Diligence Has Far-Reaching Implications for Companies Operating in Europe...

On March 10, 2021, the European Parliament approved a legislative measure by an overwhelming 504-79 majority that paves the way for a landmark set of regulations setting a corporate duty of care regarding environmental...more

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